White Collar
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White Collar Crimes
The term "white collar crime" is used as a type of slang meaning any crime committed in relation to a business. It refers to the stereotypically white collars of men in suits, as opposed to "blue collar" workers in uniforms. White collar crimes can include, but are not limited to:
- Bribery: Offering a valuable incentive to persuade someone else to work in your favor.
- Counterfeiting: Making a false duplicate of something in hopes of passing it off as genuine. This usually applies to money, checks and stock certificates.
- Embezzlement: This is a form of financial fraud that involves secretly extracting money from an account entrusted to you. For example, a financial adviser may siphon money from his clients' accounts without their knowledge.
- Extortion: Gaining property, services or money from a person or company through intimidation or an abuse of power.
- Fraud: There are numerous types of fraud including bank, insurance, and credit card, but it generally refers to intentionally deceiving an entity for the purpose of personal gain or causing harm to another individual.
- Money Laundering: The practice of creating the appearance that large amounts of money obtained illegally really originated from a legitimate source.
- Tax Evasion: An attempt to avoid paying part of your taxes through illegal means.
Although many people probably don't realize it, white collar crime is often prosecuted to the maximum extent of the law. If you or someone you know is charged with a white collar crime, or if you suspect that you are under investigation, it is in your best interest to contact an experienced criminal defense lawyer in your home state to handle your case.
At the Wade Law Firm, we provide every client with reliable and effective criminal defense representation in state and federal courts. Our team is committed to superior performance and results. Contact our firm today and seek the best legal representation from our experienced attorneys and professional staff. We're here to help.
This article is for informational purposes only. You should not rely on this article as a legal opinion on any specific facts or circumstances, and you should not act upon this information without seeking professional counsel. Neither publication of this article nor your receipt of this article create an attorney-client relationship.
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